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1. Trustees must establish and maintain oversight of the climate-related risks and opportunities which are relevant to the scheme.
2. Trustees must establish and maintain processes for the purpose of satisfying themselves that—
(a)any person who undertakes scheme governance activities otherwise than as a trustee, takes adequate steps to identify, assess and manage any climate-related risks and opportunities which are relevant to the governance activities they are undertaking; and
(b)any person who is not a legal adviser of the trustees and who advises or assists the trustees with respect to scheme governance activities, takes adequate steps to identify and assess any climate-related risks and opportunities which are relevant to the matters in respect of which they are advising or assisting.
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